Three-Unit Multifamily
For Sale
$310,000
517 Mosher St, Baltimore, MD 21217
Occupied units provide private access, full kitchens, and full bathrooms.
Property Size1,989 SF
Price / SF$155.86
Days on Market57
Property Features for 517 Mosher St
General Information
Standard status
Active
Size
1,989 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
3
Building Details
Year Built
1920
Listing Agency:
EXP Realty, LLC
Listed By:
Jason A Jutila · License #607356
(301) 525-6433
Source:
Hargreaveshomesales
Added: Aug 12
Changed: Oct 4
Last Checked: Oct 5 at 7:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
Investment Insights
Based on property information with market context.
This multifamily property contains three residential units, each arranged with a separate entrance, living space, full kitchen, and full bathroom. The building dates to 1920 and all units are currently rented, providing an in-place occupancy profile. A property management company is already operating at the asset, supporting continuity for a new owner.
Located in Baltimore City, the property is near major commuter routes, public transportation, downtown Baltimore, and local amenities. Its three-unit configuration offers a compact residential income property format with established management and tenant occupancy already in place.
Located in Baltimore City, the property is near major commuter routes, public transportation, downtown Baltimore, and local amenities. Its three-unit configuration offers a compact residential income property format with established management and tenant occupancy already in place.
Key Highlights
- Three‑unit multifamily property in Baltimore City
- All units are currently rented
- Separate entrances for each residential unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,913
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,260
$518.3K
Cap Rate 7%
$370,186
$370.2K
Cap Rate 9%
$287,922
$287.9K
Market Conditions
NOI Build-Up for 1,989 SF
Gross rent
$50.1K $25.20/SF
− Vacancy
−$3.0K −$1.51/SF
EGI
$47.1K $23.69/SF
− OpEx
−$21.2K −$10.66/SF
NOI
$25.9K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,260
Cap Rate 7%
$370,186
Cap Rate 9%
$287,922
Alternative Uses
Best Use
Multifamily LT 5
$417.3K
$365.1K – $486.8K
NOI $29,209 @ 7.0% cap · market cap 9.42%
Second Best
Apartment 5plus
$370.2K
$323.9K – $431.9K
NOI $25,913 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$476.5K
$417.0K – $555.9K
NOI $33,356 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,150
Businesses Nearby
Explore this area
Business Placement
Demographics for 21217, MD
30,448
Population
20,064
Households
1.5
Avg Household Size
38
Median Age
22%
College-Educated
83%
High-School Grad
2.1 sq mi
ZIP Area
14,499
Density / Sq Mi
$37,207
Median Household Income
$40,668
Median Earnings
$1,065
Median Rent
$175,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Occupied units provide private access, full kitchens, and full bathrooms.
Where is this triplex located?
The property is located at 517 Mosher St Baltimore, MD.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Three‑unit multifamily property in Baltimore City; All units are currently rented; Separate entrances for each residential unit
